The latest source reading
The all-building index is 116.9 in June 2026, compared with a 2019 annual average base of 100. The calculated year-over-year movement is +2.90%. Over the five years from June 2021 to June 2026, the same series changes by +15.63%. These are calculations from index points, not quoted dollar rents.
Use the chart to inspect the path as well as the latest observation. Comparing the same month one year earlier avoids mixing adjacent periods with a year-over-year comparison. The series is not seasonally adjusted; the recent quarter can be revised. A five-year change is cumulative, not an annual rate.
| Building type | Index | YoY | Source vector |
|---|---|---|---|
| Total, building type | 116.9 | +2.90% | v1210497034 |
| Office buildings | 110.6 | +0.45% | v1210497046 |
| Retail buildings | 110.4 | +2.79% | v1210497057 |
| Industrial buildings and warehouses | 129.4 | +4.61% | v1210497068 |
What this geography covers
This aggregate includes a broader geography than a single city. Its movement can provide context, but cannot determine a quote for an individual property.
Separate office, retail and industrial series are available for this geography.
Original asking-rent medians and quote percentiles are withheld for this geography until reviewed comparable observations qualify. An official series is not evidence that our own asking-rent sample is populated. There is no achieved-lease estimate, vacancy rate or individual-property valuation on this page.
Build a comparable lease budget
Start a local quote comparison with a dated written rent schedule, a stated payment period and the precise premises. Record rentable area, base-rent basis, additional charges, incentives and proposed lease term. A headline rate without those details cannot establish a reliable occupancy budget.
For office, record layout efficiency and service inclusions. For industrial, record loading, clear height and yard rights. For retail, record frontage, fit-out and the operating requirements. Those attributes can make two similarly sized spaces poor comparables. Use our sector guides to prepare a requirements sheet.
Publisher report averages, when available, retain their own geography, class and weighting. An average of marketed space is a different observation from this occupied-space index. Neither is inserted into an independent local median or percentile calculation.